Real Estate Investing in Strafford, New Hampshire (03884)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 03884 (Strafford, NH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Strafford, NH (03884)?
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Market Analysis: 03884 Strafford
ZIP 03884 inside Strafford County looks affordable on the surface — median value of $550K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $550K asset, 03884 is the wrong submarket. If the plan prices in friction, the yield can still work.
Meanwhile, 03884 offers a low basis, the region around Strafford has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 03884 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 03884 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Strafford:
Property Strategy for 03884
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $456,048 | $2,340 | 3.7% | +10.9% | $228,024 |
| 3BR | $546,571 | $2,870 | 3.8% | +10.8% | $182,190 |
| 4BR | $625,177 | $3,140 | 3.6% | +10.8% | $156,294 |
Market Trends
Home Value History (with trend line)
📊 How Does 03884 Compare?
| Metric | 03884 | Strafford | New Hampshire |
|---|---|---|---|
| Home Value | $550,068 | $550,068 | $496,656 |
| 5-Year CAGR | 7.7% | 7.7% | 9.6% |
| Avg Rent | $2,106 | $2,106 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 03884 (Strafford, NH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $550,068 |
| Monthly Rent | $2,106 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 03884
Population: 4,271
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 03884
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much do tenants pay in Strafford, NH?
Rent in Strafford, NH is around $2,106/mo. The resulting rent-to-value relationship with $550K pricing is reasonable for most investor models.
How tight is the rental market in Strafford, NH?
Strafford, NH carries elevated vacancy risk. Expect consistent absorption at market rents of $2,106/mo.
Is Strafford, NH a good place for real estate investing?
Strafford, NH stands at an investability rating of 3.0/5, with median home values near $550K and average rents around $2,106/mo. That combination puts it in the impressive tier for investor interest.
Are landlord laws favorable in Strafford, NH?
Rental owners in Strafford, NH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the best play in Strafford, NH?
Strafford, NH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($550K prices, $2,106/mo rents) make it a reasonable choice.
You know 03884 now. You don’t know where it ranks.
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How 03884 ranks in Boston-Cambridge-Newton, MA-NH
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